0 ?9 x+ ^9 G- j4 u' o- T. wThis is a good explanation to how real estate bubble forms. The market feeds itself to push the prices up, but eventually it will reach turning point, and the bubble bursts.5 h/ Y4 p8 o. b1 h
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The risks to the current market: , j2 x9 p+ [, G7 ]* L7 ?! @1) Mortgage rates go up % @8 A1 f# n* Q; e$ E8 ^6 O+ I( ?2) Oil price dropps; i7 c4 S& p+ ?
3) Less influx ) p+ |: O; e7 |4 P4) Speculators quit